Companies

Beam Global Secures Inaugural European Order for EV ARC Solar-Powered Charging Systems

Published March 12, 2024

Beam Global (BEEM), a pioneer in clean technology, made a groundbreaking announcement on March 12, 2024, marking a significant milestone in their global expansion. The company has received its first European order for its revolutionary EV ARC™ solar-powered electric vehicle (EV) charging systems. This initial purchase, made by the United Kingdom's Ministry of Transport, signifies significant progress for Beam Global's presence in the European market.

Understanding Beam Global's EV ARC™ Systems

Beam Global is known for its commitment to innovation and sustainability within the transportation electrification and energy security sectors. Their flagship product, the EV ARC™ system, is a standout example of their ingenuity. The system is completely powered by solar energy, requiring no connection to the electric grid. This energy-independent solution represents a significant advancement in convenient, sustainable charging infrastructure for electric vehicles. Designed and manufactured in their San Diego headquarters, these charging stations are poised to address the growing demand for environmentally-friendly transportation options.

A Turning Point for European EV Infrastructure

The order from the UK Ministry of Transport is not just a business win for Beam Global, but also a strategic enhancement to the UK's EV infrastructure. As Europe aggressively pivots towards sustainable energy practices and seeks to bolster its electric vehicle charging capacity, Beam Global's renewable energy solutions play a critical role in facilitating this transition. The transport sector is reckoning with ever-increasing demands for eco-friendly and accessible charging solutions, and the EV ARC™ systems provide an answer to these complex challenges.

Beam Global's Stock and Market Outlook

Following the announcement, investors and market spectators are keeping a watchful eye on Beam Global's stock, BEEM, as the company rides the wave of positive attention. This deal may herald further European orders and a stronger foothold within the international clean energy market, potentially leading to an optimistic future for the company's stock performance.

BEEM, Solar, Charging